9200 Little Gasparilla IsPlacidaFL33946
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Placida at 9200 Little Gasparilla Is, Placida, FL, 33946 offers $2,476/mo rent that, after a $1,713/mo payment, leaves $153/mo cash flow. Total monthly income is $2,476/mo, and annual cash flow is $1,841/yr on $116,025 cash. Return on cash invested measures 21.5% in year one, and rental yield stands at 8.49% at a $350,000 entry. Equity gained on principal adds $2,258/yr while 5% annual appreciation compounds into $96,699 by year five. Five-year ROI records 111.95% and total cumulative return in cash reaches $129,890. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,476/mo property income versus a $1,713/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1986
908 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33946, Placida, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,805 (100%) |
| Owner Occupied HU | 1,595 (41.9%) |
| Renter Occupied HU | 121 ( 3.2%) |
| Vacant Housing Units | 2,089 (54.9%) |
| Median Home Value | $642,188 |
| Average Home Value | $677,636 |
Housing Distribution
Address Breakdown
Residential
1,594
Single Family
1,243
Multi-Family
351
Businesses
189
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